Friday, September 3, 2010

Malaysian rubber outlook to improve

KUALA LUMPUR: The country’s rubber industry outlook is expected to improve this year as glovemakers draw an additional RM400 million in investments in 2010 and exports expanded.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed told reporters on Friday that the glove industry has seen a strong performance this year.

He added that rubber-product exports is expected to reach RM11.1 billion this year on the back of an improving outlook.

(biz.thestar.com.my)
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